Arauco will issue bonds for USD 500 million in the US
- Details
CHILE (Notifix).- Celulosa Arauco y Constitución S.A. set the price and conditions of the bonds that will be issued in the United States of America on January 11, 2012, for a total amount of US$ 500,000,000. Term of the bonds will be 10 years. Annual interest rate is 4.75%. The principal will be paid on January 11, 2022, date in which the bonds' term ends. Interest will be paid on a semester basis. Funds resulting from this issuance will be used to refinance the Company's liabilities and for other corporate purposes.